Listed by Lincoln-Way Realty, Inc
$2,850,000
Brown Professional Centre
Details
APN 17091910019000
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 20,508
Units 100
Cap Rate 7.57%
NOI $211,850
Tenancy Multi
Lease Type Modified
Price per SqFt $139
Broker Co-Op Yes
Class B
Year Built 1991
Buildings 1
Acreage 2.630
Zoning COMMR
Investment Type Owner/User
Medical Office Building | 7.57% CAP | 20,508 SqFt
Marketing description
Introducing the Brown Professional Centre, an outstanding opportunity to own a premier medical and office complex in the heart of Bourbonnais. Ideally located on heavily traveled William Latham Drive, this impressive one-story property offers 20,508 square feet of versatile space designed to accommodate a variety of medical, dental, and professional offices. Set on over 2.7 acres, the building is fully handicap accessible and features a beautiful common area, a front canopy, and abundant parking for 100+ vehicles. Inside, there are 9 professional suites, all within a well-maintained facility supported by a standard wet system and a NEW roof installed in 2024. This property boasts a strong rental history with long-term tenants and high occupancy rates, making it a stable and attractive investment opportunity. Zoned B-1 Central Commercial District, the Brown Professional Centre offers flexibility, visibility, and convenience in one of Bourbonnais' most active commercial corridors. A rare opportunity to invest in a high-performing, income-producing property in an excellent location.
Investment highlights
- Prime medical and office building on heavily traveled William Latham Drive
- Approximately 20,508 square feet of single-story space
- Situated on over 2.7 acres in Bourbonnais
- Fully handicap accessible with a beautiful common area
- 9 professional suites — ideal for medical, dental, or office use
- Front canopy with abundant parking for 100+ vehicles
- NEW roof installed in 2024
- Equipped with a standard wet system
- Well-maintained property with high occupancy and long-term tenants
- Zoned B-1 Central Commercial District
- Strong visibility and accessibility in a high-traffic commercial corridor
- Excellent investment opportunity with a proven rental history
Listing Contacts
Listed by Lincoln-Way Realty, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$211,850.00
$17,654.17/mo
Valuation Metrics
0
DSCR
7.43%
Cap Rate
7.43%
ROI
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